The petition for impeachment was based on two grounds of perjury and revealing of government secrets. The Edo State House of Assembly has initiated impeachment proceedings against Deputy Governor Philip Shaibu. The Majority leader, Charity Aiguobarueghian, who announced the impeachment notice during plenary, said the petition dated March 5, was signed by 21 out of the 24 members of the House. Aiguobarueghian said, “The petition against the deputy governor came in on March 5 and...
Notably, 79% of the bids, equivalent to US$530 million, came from foreign investors, highlighting the global interest in Nigeria’s financial instruments. In a significant move towards enhancing liquidity management, the Central Bank of Nigeria (CBN) concluded a successful sale of government securities on Friday, March 1, 2024. The apex bank issued a N1.053 Trillion (approximately US$680 million) in short-term instruments as part of its strategic monetary measures. The Open Market Operations (OMO) auction, where the...
The award ceremony is slated for Saturday, March 2, 2024, during the grand finale of the 38th convocation of the university at the New Campus of the institution, Gwarzo Road, Kano The Bayero University Kano (BUK) has concluded arrangements to confer honourary doctorate degrees on the Deputy Senate President (DSP), Senator Barau I. Jibrin (APC, Kano) and the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, in recognition of their contributions to education...
The decision by CBN to raise the Monetary Policy Rate (MPR) marked a substantial adjustment aimed at addressing the persistent inflationary challenges faced by the country. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 per cent from 18.75 per cent. In a pivotal move, the Apex Bank announced a significant shift in its monetary policy during the...
Rep. Kalu emphasized the need for development partners like USAID to offer continuous support to Civil Society Organizations (CSOs) and government agencies. The Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu (APC, Abia), has called on development partners like the United States Agency for International Development (USAID) to offer continuous support in the ongoing capacity building and conversations surrounding fiscal reforms. Speaking at a workshop in Abuja designed for National Assembly members, Rep....
The Committee on an oversight function visit to NASENI expressed satisfaction while being conducted around some of its products and facilities. The Senate Committee on National Agency for Science and Engineering Infrastructure (NASENI) has commended the Agency for championing local content development of Solar-Powered smart irrigation, tricycles, electric motorbikes and others with accelerated technology transfer. The Chairman, Senate Committee on NASENI Senator Ezenwa Francis Onyewuchi (LP, Imo East) who led other members of the Committee...
People at the protest were seen holding placards lamenting the economic situation in the country as they chanted “Hunger dey,” “Bring back subsidy.” The Nigeria Labour Congress (NLC) on Tuesday stormed the National Assembly in a Nationwide protest scheduled for February 27 and 28 over the high cost of living in the country. The protesters were seen holding placards lamenting the economic situation in the country as they chanted “Hunger dey,” “Bring back subsidy.” The...
“We dare say that if this Act had been amended in good time, Nigeria might have been spared the current macroeconomic challenges it found itself grappling with.” The Fiscal Responsibility Commission (FRC) has restated the need for the amendment of the Fiscal Responsibility Act to eliminate the inbuilt limitations within the Act. Executive Chairman, FRC, Victor Muruako, Esq. Made this call on Monday in Abuja at a capacity-building workshop designed for members of the National...
The Northern Senators Forum urges the government of Niger Republic and its people to seize this opportunity to hasten the process of returning to democratic governance. The Northern Senators Forum has expressed its heartfelt appreciation and commendation to the exceptional leaders of the Economic Community of West African States (ECOWAS) for their decisive action in lifting sanctions imposed on Niger Republic as a result of the military takeover on 26th July 2023. The forum said...
Saraki commended the 10th Senate for their efforts, emphasizing the significance of legislative oversight and the responsibility to advocate truth and represent the people. Former President of the 8th Senate, Bukola Saraki, took to Twitter to express his views on the ongoing probe in the 10th Senate, reflecting on the principles of transparency and accountability established during his tenure. Recalling the 8th Senate’s commitment to transparency, Saraki reminisced about their scrutiny of foreign loan requests...
Please email us - contents@orderpaper.ng - if you need this content for legitimate research purposes. Please check our privacy policy
